Delta Airlines 2003 Annual Report Download - page 187

(C) the portion of the principal amount of the
Notes which the Holder will deliver to be purchased, which
portion must be a principal amount of $1,000 or an integral
multiple thereof; and
(D) that such Notes shall be purchased as of the
Purchase Date pursuant to the terms and conditions specified
in the Notes and in this Indenture; and
(ii) delivery of such Notes to the Paying Agent prior to
the close of business on the business day prior to the Purchase Date
(together with all necessary endorsements) at the offices of the Paying
Agent, such delivery being a condition to receipt by the Holder of the
Purchase Price therefor.
(b) The Company shall purchase from the Holder thereof, pursuant to
this Section 4.08, a portion of a Note if the principal amount of such portion
is $1,000 or an integral multiple of $1,000. Provisions of this Indenture that
apply to the purchase of all of a Note also apply to the purchase of such
portion of such Note.
(c) Any purchase by the Company contemplated pursuant to the provisions
of this Section 4.08 shall be consummated by the delivery of the Purchase Price
promptly following the later of the Purchase Date and the time of delivery of
the Note.
(d) Notwithstanding anything herein to the contrary, any Holder
delivering to the Paying Agent the Purchase Notice contemplated by this Section
4.08 shall have the right to withdraw such Purchase Notice at any time prior to
the close of business on the fifth business day prior to the Purchase Date by
delivery of a written notice of withdrawal to the Paying Agent in accordance
with Section 4.10. The Paying Agent shall promptly notify the Company of the
receipt by it of any Purchase Notice or written notice of withdrawal thereof.
(e) On or before the 20th business day prior to each Purchase Date, the
Company shall deliver to the Trustee, the Paying Agent, each Holder and, if
required by applicable law, each beneficial holder of Notes, a written notice
stating:
(i) the Purchase Price payable on such Purchase Date;
(ii) procedures that Holders must follow to have their
Notes purchased on the relevant Purchase Date;
(iii) the then current Conversion Rate;
(iv) the name and address of the Paying Agent and
Conversion Agent;
(v) that Holders who have delivered a Purchase Notice and
who want to convert their Notes must first withdraw their Purchase
Notice in accordance with the terms of this Indenture and such Holders
must satisfy the requirements set forth in paragraph 9 of the Note;
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